• House Votes to Extend ‘Clunkers’ Program – We just printed more money. It’s fine. [WSJ]
• U.S. House Passes Bill Allowing Ban on Incentive Pay None of that printed money will be going to bankers. [Bloomberg]
• Court Orders Shorter Sentence For Ex-Qwest CEO – Might have been worth it had there been some adultery involved. [NPR]
• Nothing like a little shameless PR… – Deloitte providing accounting services, pro bono [Accounting Nation]
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Review Comments | 11.23.09
- Caleb Newquist
- November 24, 2009
• Judge Allows CIT to Borrow Up to $500 Million – They promise not to mess it up this time. [DealBook]
• EADS Braces Itself for Insider-Trading Trial – Someone that isn’t you knew those Airbus A380s weren’t going to be ready. [WSJ]
• Being A Bank CEO Worked Out Pretty Well For Jim And Dick – Failure pays. [DB]
• Macy’s Promoting Blenders Signals Reluctant Consumer – Or maybe people really do want blenders. [Bloomberg]
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Review Comments | 09.09.09
- Caleb Newquist
- September 10, 2009
• Geithner Still Pushing For Major Financial Reforms – Wait…There is still a problem? [NPR]
• Obama Says New Tax on Sugary Drinks Worth ‘Exploring’ – You thought the soda was expensive before? [Bloomberg]
• Golden couple refuse to shoulder blame – These people. [FT]
• US economic outlook ‘optimistic’ – Just like every football fan feels about their respective team. Right, Sooners? [BBC]
• The Cassandra effect – What if you can predict the future but no one believes you? [AccMan]
• IRS to Focus on Filling Vacancies – Take note people… [Web CPA]
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Review Comments | 09.21.09
- Caleb Newquist
- September 22, 2009
• BofA fails to meet congressional deadline – In a move that is either ballsy or just plan stupid, KL and his merry band of mates decided that the deadline wasn’t a real deadline. [Reuters]
• Did Wells Fargo’s Auditors Miss Repurchase Risk? (WFC) – Our contributor, Francine McKenna’s, take on WFC and KPMG and the parallels to New Century. [Clusterstock]
• Congressional Report Says A.I.G. Has Stabilized – Whether or not they pay back the gazillion dollars they owe the Treasury is another matter entirely. [NYT]
• High-Yield Bond Buying Starting to Get ‘Ridiculous’ – That’s more like it. [Bloomberg]